DailyFX Limited is not responsible for any trading decisions taken by persons not intended to view this material. Prior to the release of economic data, analysts try to forecast the results and a consensus estimate is formed. If the data is very important and the reported value is significantly different than estimates, high volatility can ensue. And a forex economic calendar with fast streaming data is key to understand if a price spike might happen. Our economic calendar showcases relevant events to help you trade these markets too.
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Economic indicator analysis
Inflation, exchange rates, and the economy shape the policy decisions of central banks; the attitudes and words of central bank officials also influence the actions of market traders. The Hong Kong stock market encompasses non-essential consumption sectors like automotive, education, tourism, catering, and apparel. Of the 643 listed companies, 35% are mainland Chinese, making up 65% of the total market capitalization.
Canada Ivey Purchasing Managers Index s.a above forecasts ( in June: Actual (62.
Our forex economic calendar is fully customizable, helping you keep track of the exact data you’re interested in. Select specific time zones and currencies of interest and apply filters to refine results and fit your strategy. Trading costs in the Hong Kong stock market include transaction fees, stamp duty, settlement charges, and currency conversion fees for foreign investors. A flag icon indicates the country of the data release, and next to it, its currency. So you can quickly scan and see what currencies might be affected today or in some specific days.
Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses. Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets.
Nevertheless, as of 2022, it retains around 10% market share, covering real estate development, construction engineering, investment, and property management. The Economic Calendar page keeps track of all the important events and Economic Indicators that drive the markets. Brokers and market makers offer FXStreet’s calendar to their clients as a tool to trade. Money makes the world go round and currency is a permanent commodity.
If prices gap 50 pips for example, it means within that 50-pip range there is no liquidity and you cannot exit a trade or enter a new one for the moment. Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks. CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity.
You can also dig deeper into global financial trends and events with our latest news and analysis articles. The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. Despite Hong Kong’s robust legal and regulatory framework, its stock market still faces unique risks and challenges, such as currency fluctuations due to the Hong Kong dollar’s peg to the US dollar and the impact of mainland China’s policy changes and economic conditions on Hong Kong stocks.
Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants. No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. In recent years, the real estate and construction sector’s share in the Hong Kong stock index has notably decreased.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
It’s vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets. The Forex market is traded 24/7 and is largely https://traderoom.info/ driven by economic news and data. Each and every economic event is labeled with an impact from no-impact to low, medium and high impact as well as the previous, consensus and actual result.
- Prior to the release of economic data, analysts try to forecast the results and a consensus estimate is formed.
- So you can quickly scan and see what currencies might be affected today or in some specific days.
- Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets.
- Money makes the world go round and currency is a permanent commodity.
Big news events can, and often do, cause big swings with a single movement going several percent in one direction. You can add more assets to your watchlist to follow more real-time quotes.
We have a dedicated team of economists and journalists who update all the data 24h a day, 5 days a week. We earn commissions from some affiliate partners at no extra cost to users (partners are listed on our ‘About Us’ page in the ‘Partners’ section). Despite these affiliations, our content remains unbiased and independent. We generate revenue through banner https://traderoom.info/defining-economic-calendars/ advertising and affiliate partnerships, which do not influence our impartial reviews or content integrity. Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights. Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks.
I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products. It’s the most complete, accurate and timely economic calendar of the Forex market.